Tag Archives: lawrence yun

NAR, Updater partner to provide real-time relocation data to Realtors

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The trade group will be able to use “pre-move” data to inform reports on migration patterns and housing demand. Continue reading →

NAR: Housing market is ‘topping out’ due to inventory shortage

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Lawrence Yun, chief economist for NAR, reports that the GDP is back to its pre-pandemic peak, consumers are ready to spend their stimulus checks and single-family housing starts are ramping up. Continue reading →

Bad jobs report could hold silver lining for housing

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The Fed now has justification to keep a tight lid on interest rates. But some fear that if employers are forced to raise wages too quickly, that could spark inflationary pressures and spook bond investors. Continue reading →

Bubble trouble: 4 stats that’ll give you hope (and 4 that won’t)

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There are signs of trouble, but vaccinations are up, spending on home construction is up, and overall, there’s reason to believe the market will improve. Continue reading →

Existing-home sales continue downward trend in March: NAR

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Following a slow February, existing home sales fell 3.7 percent in March, according to data released Thursday by the National Association of Realtors. Continue reading →

Existing-home sales slammed with first major drop in March: NAR

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Existing-home sales fell 8.5 percent in March to a seasonally adjusted annual rate of 5.27 million units, according to NAR. Continue reading →

NAR: Buyers going under contract without seeing homes in person

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25 percent of surveyed Realtors said at least one buyer client had signed a deal without physically visiting the property. Continue reading →

Millennial homebuyers are a lot like their grandparents

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A new report shows that both younger millennials and members of the silent generation are prioritizing proximity to family and friends when they look for homes. Continue reading →